Listing Agency: Elite Real Estate Advisors M***@elite-rea.com Show Phone

Listed By: Stephen Gillies · License #995684903 Show Phone

Source: Exprealty

Added: Sep 18 Changed: Oct 1 Last Checked: Oct 5 at 7:02PM

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Investment Insights

Based on property information with market context.

Willow Springs is an 18-site mobile home community in Livingston, Louisiana, operated on a lot-rental basis with no park-owned homes. Occupancy is 100%. Site improvements include paved interior roads and off-street parking, along with a master water meter and a refurbished oxidation pond and collection tanks. The property is in Flood Zone AE.

Located at 28026 S Satsuma Rd, the community has an approximately 6% capitalization rate. Its physical infrastructure and lot-rental format define the existing operation.

Key Highlights

• 18‑site mobile home community with no park‑owned homes
• 100% occupancy
• Approximately 6% capitalization rate

Property Analytics

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Current Use

Mobile home & RV ...

Suggested Use

Top Pick Garden Center Computer & Electronic Repair Pet Store Arcade & Gaming Center Bed & Breakfast Hotel & Motel

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

18

Residential units

100%

Occupancy

Yes

Utilities to site

Location Intelligence

Trade Area within ½ mile

9

Businesses Nearby

Explore this area Business Placement

Demographics for 70754, LA

11,966

Population

4,743

Households

2.5

Avg Household Size

37

Median Age

12%

College-Educated

86%

High-School Grad

127.3 sq mi

ZIP Area

94

Density / Sq Mi

$65,122

Median Household Income

$49,164

Median Earnings

$1,113

Median Rent

$181,200

Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022

10.2% 2023

11.4% 2024

11.3% 2025

Questions? Ask Rey

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What type of property is this? Where is this mobile home & rv parks located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Mobile home & RV park - Paved internal streets, off-street parking, and shared water service support the community’s lot-rental operation.

Where is this mobile home & rv park located?

The property is located at 28026 S Satsuma Rd Livingston, LA.

What is the asking price?

The asking price for this property is $1,080,000.

What are key features of this property?

This property features: 18‑site mobile home community with no park‑owned homes; 100% occupancy; Approximately 6% capitalization rate